Germany: No technical recession – TDS

Analysts at TD Securities note that the German GDP surprised to the upside at +0.1% q/q for Q3 (market -0.1%), managing to avoid a technical recession.
Key Quotes
“Q2 was revised down a touch though, from -0.1% to -0.2%. The details show increases across government spending, consumption, and exports in Q3, but the decline in business investment was large enough to counter most of those gains.”
Author

Sandeep Kanihama
FXStreet Contributor
Sandeep Kanihama is an FX Editor and Analyst with FXstreet having principally focus area on Asia and European markets with commodity, currency and equities coverage. He is stationed in the Indian capital city of Delhi.

















